Day: March 7, 2019

The ruling party of the Russian Federation, United Russia, has launched a blockchain-based platform for electronic voting, local news agency TASS reported on March 6. United Russia has reportedly launched an updated website for its primaries with the added function of e-voting. The party’s head of IT projects Vyacheslav Sateyev said that the vote counting process will be implemented using blockchain technology. He also stated: “Candidates will be able to fill in their personal pages on this site, including posting news, videos, photos, distributing their pages. The personal account is…

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention. One of these metrics just went through the roof. The SFOX Crypto Volatility Report: February 2019 was released today, and in this report, analysts try to gauge the health of crypto markets by looking…

United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7. In the post, Kraken announced five new appointments to its team. The new appointments will see Matt Mason as Chief Marketing Officer, Steve Hunt as Vice-President of Engineering, Nelson Minier as Head of OTC Sales and Trading, Bob Zagotta as Head of Business Operations and Strategy, and Mary Beth Buchanan as General Counsel. Prior to joining Kraken, Mason was employed by Sony Pictures as Studio Head…

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

Thai petroleum refining firm Bangchak Corporation Public Co. Limited (BCP) is testing a blockchain-based energy trading platform and commercial microgrid, distributed energy news site Microgrid Knowledge reports on March 7. BCP is testing the new platform at a shopping mall attached to one of its fuel stations in Bangkok. The new system will purportedly combine 280.9 kW of commercial rooftop and canopy solar photovoltaics with 913 kWh of lithium-ion, nickel-manganese-cobalt oxide and 92 kWh of lithium-iron-phosphate battery energy storage capacity. In other words, the microgrid generation and distribution platform will…

Thursday, March 7 — cryptocurrency markets have recorded moderate gains and losses on the day, with Binance Coin (BNB) being the major gainer on the day, according to Coin360. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) started the day around $3,901, subsequently reaching its intraday high of $3,938. At press time, BTC is trading at around $3,922, up a modest 0.36 percent over the last 24 hours. Bitcoin 1-day price chart. Source: CoinMarketCap Ethereum (ETH) is currently trading at around $138.52, having increased by 0.08 percent over the…

uBUCK Advisor Jon Malach lights up the stage at Hybrid Summit 2019. Hong Kong Blockchain Week is underway and on March 7th, Hybrid Summit 2019 made its debut at HKBW. The blockchain-centered educational event held speakers from all over the world, including IOHK Founder and CEO Charles Hoskinson. Among the many presentations made, the uBUCK presentation, in particular, has gained buzz from the event – according to speaker Jon Malach, uBUCK is offering a new and convenient approach to crypto Mastercards and stablecoin wallets. The Hybrid Summit is an annual event…

As the new Lightning network (LN) protocol continues to take the Crypto-Twitterverse by storm, it’s taking at least one new app with it, as the tipping and micropayment app Tippin.me catches on like wildfire. Founder Sergio Abril told Bitcoin Magazine he is “overwhelmed” by the interest and support he is receiving from around the world. Struck by the potential success of the new Lightning network protocol, Abril created Tippin.me three months ago as a way to enable Lightning micropayments without a user having to set up an LN node. Abril…

The Israel Securities Authority (ISA) has published its final report on cryptocurrency regulations, local financial newspaper Globes reports Thursday, March 7. A special committee formed in 2017 to develop proper regulations for cryptocurrencies has presented its report to ISA chairperson Anat Guetta. Commenting on the recommendations, Guetta said that they were designed both to develop the crypto sector and protect the rights of investors. She further added that the technology is “here to stay” despite the fact that excitement in the industry has cooled. The ISA recommends imposing disclosure requirements…

In a very informative webinar produced by Chainalysis today, the blockchain research firm made the surprising claim that crypto “whales” – individuals with more than $56 million in Bitcoin – pose no serious risk to the price of Bitcoin. What Constitutes a ‘Crypto Whale?’ Chainalysis defines a Bitcoin whale as an investor sitting on at least $56 million worth of BTC at current prices. | Source: Shutterstock In the presentation titled “Who are Today’s Bitcoin and Bitcoin Cash Whales?,” Chainalysis breaks down the types of whales into several categories including…

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